NEW ORLEANS — Entergy expects third-quarter earnings to fall short of results posted in the same period last year.
The energy company projected quarterly earnings of about $1.33 per share. A year ago, it earned $1.89 per share.
Analysts had been looking for $1.97 in earnings per share, according to a poll by FactSet.
The latest earnings include charges from the decommissioning of the Vermont Yankee nuclear power station and the proposed spinoff of its electric transmission unit, so that it can combine with ITC Holdings Corp.
Entergy Corp. still expects 2013 operational earnings of between $4.60 and $5.40 per share.
The New Orleans company reports third-quarter results on Oct. 29.